Nigeria suspends fuel import licenses, giving Dangote Refinery major boost
Nigeria has suspended gasoline import licenses, favouring reliance on local production from Dangote’s refinery. The Dangote refinery supplied almost all of Nigeria’s gasoline in February and currently covers about 64% of demand. Major oil marketers like TotalEnergies SE, Conoil Plc, and MRS Nigeria Plc have had their import licenses revoked. Import permits will now only…